THE WHITE HOUSE

Office of the Press Secretary

                PRESIDENT CLINTON NAMES RICHARD W. FISHER 
             AS DEPUTY U.S. TRADE REPRESENTATIVE (WASHINGTON) 
                        WITH THE RANK OF AMBASSADOR 

         The President today announced his nomination of 

Richard W. Fisher to be Deputy U.S. Trade Representative (Washington) with the Rank of Ambassador.

Mr. Fisher, of Texas, is currently managing partner with Fisher Capital Management and Fisher Ewing partners. He is an Adjunct Professor at the University of Texas at Austin, LBJ School. Mr. Fisher also serves as Chairman of the Dallas Committee on Foreign Relations, as Director of the United States-Russia Investment Fund, as a member of the Executive Committee of the Inter-American Dialogue and as a member of the Council on Foreign Relations. In 1994, he was the Democratic nominee for the U.S. Senate from his home state of Texas. He held several positions during the Carter Administration, including Executive Assistant to the Secretary of the Treasury, Assistant to President Carter at the Tokyo Economic Summit in 1979, Advisor at the Bonn Economic Summit in 1978, and as a member of the team that negotiated the historic Claims and Asset Settlement between the U.S. and the People's Republic of China. He graduated with honors from Harvard University with an Economics degree and received an MBA from Stanford University.

The Deputy U.S. Trade Representative (Washington) is responsible for conducting trade negotiations and assisting the U.S. Trade Representative in developing and implementing international trade policy.

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